Shares of Google (GOOGL) Sees Large Inflow of Net Money Flow

Google (GOOGL) : Google (GOOGL) had a healthy money flow of $26.72 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $238.58 million, whereas, investors only sold shares worth $211.86 million on downticks. The stock closed the day with an up-down ratio of 1.13.The money flow in the block trades to the tune of $26.22 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $26.22 million worth of transactions were on upticks. Google (GOOGL) stock slid $2.07 intraday and traded at 808.66, a change of -0.26% over previous days close. However, for the week, the company shares are -0.77% compared to previous weeks close.


Shares of Alphabet Inc. rose by 0.62% in the last five trading days and 1.79% for the last 4 weeks. Alphabet Inc. is up 16.52% in the last 3-month period. Year-to-Date the stock performance stands at 4.12%.

Google (GOOGL) : The consensus on Google (GOOGL) based on 28 analyst recommendation on the company stock is 1.21, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 24 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Google (NASDAQ:GOOGL): stock was range-bound between the intraday low of $802.7803 and the intraday high of $810.25 after having opened at $804.08 on Wednesdays session. The stock finally closed in the red at $804.08, a loss of -0.08%. The stock remained in the red for the whole trading day. The total traded volume was 1,470,280 shares. The stock failed to cross $810.25 in Wednesdays trading. The stocks closing price on Thursday was $810.73.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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